PwC’s Accelerator powered by Plug and Play Tech Center
Last month, Plug and Play and PwC officially launched PwC’s Accelerator in Luxembourg after the very first edition of our “Local to Global Expo” on 27th March 2012.
The mission at PwC’s Accelerator is to help European based high tech companies become global companies. We believe we can achieve results by bringing PwC’s extensive network of VC’s, global international corporations, experts, services provides government agencies to each of the companies we serve.
PwC’s Accelerator involvement will be three-fold:
- For young European start-ups, PwC’s Accelerator will offer a wide range of services including coaching, housing in its new 900m2 facilities, limited financing, etc. in order to help it accelerate to a pan-European level.
- For European companies that have developed a breakthrough technology with immediate applications at a worldwide level or for European companies that are already showing significant market traction on their home market, PwC’s Accelerator will offer a wide range of services.
- For Non-European companies that wish to address the European market, PwC’s Accelerator wishes to offer an ideal entry point where absolutely everything in terms of logistics is provided for so that the company can focus on developing its business.
PwC’s Accelerator powered by Plug and Play Tech Center
Becoming a global company will not only involve access to significant capital but intelligent capital. We are all aware that Europe is currently ill equipped to solely finance large rounds of financing for young fast growing companies. We are therefore keen on connecting the companies we serve to the world’s epicentre of Venture Capital investing: Silicon Valley. In this effort, PwC have entered into an exclusive partnership with Plug and Play, an accelerator that houses over 330 startups from all over the world in a building of 15,000m2 in the heart of Silicon Valley. This unique partnership with Plug and Play aims to grant innovative companies access to funding, markets and extensive expertise. The overall goal of PwC’s Accelerator partnership with Plug and Play is to build a two-way bridge between Luxembourg, Europe and Silicon Valley so as to help these high tech companies succeed in their overseas journey by offering the right business solutions and business contacts on the ground. It will also contribute in the creation of the first European community of professionals that will assist in the acceleration of European high tech companies wishing to become global companies. It will do so by promoting a culture of entrepreneurship, coaching them in dealing with the cultural gap that exists between Europe and Silicon Valley and handholding them in their transatlantic negotiations.
For more information, check out: http://www.pwcaccelerator.com.
